Money

Southwest Airlines pays staff extra to get COVID vaccine

Published

3 years ago

September 17, 2021

US Airliner Southwest has become the latest big carrier to try to persuade workers into getting vaccinated against COVID-19

Southwest airlines has ramped up efforts to encourage its workforce to receive the vaccine, stating staff that get the jab will receive a pay-bonus while those that are unvaccinated would no longer have access to sick pay for COVID related quarantine requirements.

Southwest says the announcement was unrelated to Joe Biden’s upcoming vaccine mandate for firms and it plans to comply with the order.

Delta, American and United Airlines have all made similar moves recently

In a memo to workers, Southwest stated that those who submit proof of vaccination to the company by 15 November would get 16 hours of extra pay.

“If you have not been vaccinated and choose to do so, this timeline gives you enough time to receive both rounds of a two-series vaccine or the single-dose vaccine,”
the airline wrote.

The US Department of Labor is set to make Covid jabs mandatory at larger private firms and federal employers in the coming weeks, affecting up to 100 million US workers.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.